Texas and Florida are seeing stagnating home prices as housing inventory booms while demand slips away. Housing is still expensive, but with more inventory, why is it staying that way? While the southern states catch their breath from the unprecedented demand of 2020 – 2022, a new housing market is taking control as one of the hottest areas in America. Is it all hype, or could this housing market really be a winner? We’re touching on this week’s news in today’s headlines episode!
But first…shrimp. How much shrimp is too much shrimp? Apparently, miscalculated shrimp is a very costly mistake, as a beloved American chain restaurant could be declaring bankruptcy due to a costly “all you can eat” deal gone wrong. But before we get into crispy bottom feeders, we’ll talk about the home price woes Florida and Texas are facing as their inventory booms, but home prices stay stagnant. Speaking of stagnation, we discuss “stagflation” and whether or not this economy-killer could hit the US.
With Americans getting fed up with the South’s high prices, a new Midwest market has been named America’s new #1 housing market, but would WE invest in it? From market saturation to stagflation, shrimp miscalculations, and top housing markets, we’re wrapping up this week’s economic news so you can invest better than the rest, so stick around!
Dave:
Which markets in the US are surprisingly oversupplied and what market was just ranked number one by the Wall Street Journal is the US at risk for stagflation and what the heck is going on with Red Lobster? Find out on this headline show. What’s up everyone? This is Dave Meyer today joined by our full panel of Kathy Fettke, Henry Washington and James Dainard. And as a reminder on these headlines show, what we do is we pull four articles from the recent news cycle and talk about what is going on and how it relates to real estate investors, the broader economy and each and every one of you. Today we’re going to break…